Isa take-up may improve on limit extension - Fidelity

clock

Extension of the Isa maximum contribution to £7,000 until

A survey of over 900 equity investors suggests over a quarter (27%) are those people now more likely to invest in an equity-based Isa this year after chancellor Gordon Brown last November announced he would maintain equity Isa limits at £7,000 until at least 2009, rather than cut them at the end of this tax year as previously suggested. At least three in five questioned (59%) also say they believe consumers will be more encouraged to invest in equity markets in 2005 as a result of the Isa extension, suggests the Fidelity poll conducted by YouGov. Questions were asked of those people w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Gangbusters? Why the UK market is not exceptional, yet

Gangbusters? Why the UK market is not exceptional, yet

‘Every market turnaround has to begin somewhere’

Laith Khalaf
clock 22 May 2024 • 4 min read
Navigating the intergenerational wealth shift with tokenisation

Navigating the intergenerational wealth shift with tokenisation

'Already gaining significant traction in fund management'

Stephen Ashurst
clock 21 May 2024 • 3 min read
Future of Investment Festival: Ten key reasons for advisers to attend

Future of Investment Festival: Ten key reasons for advisers to attend

Last call to financial advisers to join us on 5 June

Professional Adviser
clock 21 May 2024 • 2 min read